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New3 hours ago

513 - 770 Bay Street

Bay Street Corridor, Toronto

$759,000

Condo Apartment |
2 + 1 | 2 | 0 | 0
About this home

Lumiere Condos at 770 Bay Street - experience the absolute best of Toronto's Bay Street Corridor! Located just steps from the downtown hospital network, University of Toronto, TMU, Eaton Centre, the financial district, and two major subways (College & Queen's Park Subway). Original owners and has never been rented , this two bedroom plus den, 895 Sq. Ft. of living space with a highly functional layout that maximizes every square foot. Gleaming hardwood floors and 2 walkouts to a large open balcony. 9 foot ceilings throughout. A true split-bedroom layout which offers maximum privacy, featuring a spacious primary bedroom with a 4pc-ensuite bathroom. It features a large den - a distinct, dedicated space ideal for a quiet home office, creative studio, or can be used as a 3rd bedroom. Five-Star Building Amenities: Residents enjoy 24-hour concierge service, a state-of-the-art fitness centre, an indoor pool, a private cinema, a billiards room, and a breathtaking rooftop terrace equipped with BBQs. Living on a lower level means you can completely bypass the morning elevator rush and take the stairs - a massive time-saver when you're heading out for work or walking the dog.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size800-899 sq. ft.
Maintenance Fees$856
LockerNone
BalconyOpen
ExposureNorth West
Parking TypeNone
Parking Spaces0
Parking FeaturesNone
Property Tax$4,903
mls© NumberC13815918
Listed ByRE/MAX WEST REALTY INC.
Heat Included
Water Included
CAC Included
Building Insurance Included
Common Elements Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,885
Property tax
$409
Heat allowance
$150
Condo fees, half counted
$428
Housing costs
$4,872 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $151,800
25-yr amortization

Income needed

$150,000

gross annual household income

Payment at 4%
$3,194 / mo
Cash down
$151,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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